Cortland Bancorp Reports Net Income of $1.2M

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Bank,  reported Thursday a second-quarter net income of $1.2 million, or 26 cents a share, compared to first-quarter net income of $1.0 million, or 23 cents a share, and $1.2 million, or 27 cents a share from the year-ago quarter. Cortland also announced its board declared a cash dividend of eight cents per share payable Sept. 1 to shareholders of record Aug. 10. In a prepared statement, the president and CEO, James M. Gasio

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